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TechnologyEnglish · 3 days ago

AI bet goes awry: Oracle fires 21,000 employees

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AI bet goes awry: Oracle fires 21,000 employees

sanitation@lemmy.today to

TechnologyEnglish · 3 days ago

cross-posted to:
[email protected]

AI bet goes awry: Oracle fires 21,000 employees | The Jerusalem Post

Oracle laid off ~13% of its staff to fund a $300B computing deal with OpenAI. Now, a credit downgrade and $7B in required power grid guarantees put the massive project in jeopardy.

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23 hours ago

Why does Larry Ellison give me such crazy uncanny valley vibes?!

He turns 82 next month.

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